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Franklin Town 02038
48 Pheasant Hill Rd
$441,000
● House - Off Market

48 Pheasant Hill Rd

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,620 Ft²
$643,426
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Welcome to 48 Pheasant Hill Rd. Beautifully remodeled  open floor plan , split entry style home with tastefully done master bedroom and kitchen addition make this truly one of a kind. All new kitchen white cabinets , granite counters , stainless appliances. 4-5 bedrooms , 2 1/2 baths , updated HVAC, fire-placed family room , guest room or private office. New deck, Gas Heat, AC, newly paved  double wide driveway.  Showings Start Sunday October 13.  For best results for more information and showings email the listing agent.
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$272
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72579213)

Price History

Date / Event Date Event Price
Dec 12, 2019 Sold
Premium
Sold
Oct 12, 2019 Listed by PMT Real Estate $439,900
Listed by PMT Real Estate
May 23, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,149
  • Total Building Area: 1,620
  • Gross Building Area: 3,036
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442101

Geography

  • Account Number: 103-158
  • Parcel: FRAN M:249 L:027
  • Lot: 27
  • Municipality: FRANKLIN
  • Latitude: 42.1012
  • Longitude: -71.3824

    Address

  • Full Address: 48 Pheasant Hill Rd
  • Address - House Number: 48
  • Address - Street Name: Pheasant Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Franklin
  • Carrier Code: C008
  • 4-Digit Zip Code: 1139
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $724,500

    Appraisal Valuation

  • Standard Deviation: 0.2035
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 609,249
  • High Value: 733,241
  • Low Value: 485,258

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $614,500
  • Assessed Land Value: $326,700
  • Assessed Improvements Value: $287,800

    Sales

  • Current Sale Contract Date: Dec 11, 2019
  • Current Sale Recording Date: Dec 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116833
  • Previous Sale Recording Date: May 23, 2019
  • Previous Sale Contract Date: May 15, 2019
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$337

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2076 ft²

Average Home Age

51.3 years

Currently For Sale

42 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72579213

Frequently Asked Questions

When was property at 48 Pheasant Hill Road built and last sold?
The property at 48 Pheasant Hill Road was built in 1960 and last sold on Dec 11, 2019 for $441,000.
How much is this home worth?
The estimated value of the home located at 48 Pheasant Hill Road is $448,420.
What are some comparable homes to 48 Pheasant Hill Road?
There are currently no comparable homes to 48 Pheasant Hill Road.
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